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remember, state utilities mu get one-third of their energy from renewable resources by 2020. that is going to cost you money. >>> bp announcing it will significan increase spending on oil exploration and development. it will spend between 24 and $27 billion a year from 2014 until 2020. bp spent about 19 billion on e&p last year. >>> france's total made a fresh discovery in the northeast. the well has 25 to 75 million barrels of oil. the find is raising hopes there is more oil nearby. >>> ssissippi river water levels shrink towards historic lows, leaving consumers and workers potentially soaked. one of the river's barge operators explains exactly how bad it could get. that is coming up next. >>> plus, as if things in the middle east weren't dire enough, syria's regime reportedly moves its stockpiles of chemical weapons, spiking fears it is preparing to use them. the u.s. says it is ready to act. details coming up. do you ever have too much money? ♪ . ♪ . melissa: the mighty mississippi might on kipping -- dipping into crisis levels. low water levels are threatening toe hal
remember, state utilities mu get one-third of their energy from renewable resources by 2020. that is going to cost you money. >>> bp announcing it will significan increase spending on oil exploration and development. it will spend between 24 and $27 billion a year from 2014 until 2020. bp spent about 19 billion on e&p last year. >>> france's total made a fresh discovery in the northeast. the well has 25 to 75 million barrels of oil. the find is raising hopes there is more...
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clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers g lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you takeare of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that had to walk out onto the plank then we all fall into the sha infnfested waters 87 tax credits. >> sounds great. but from the tax code in 1913 only 14 pages we have warped into the 702000 page nster. more than 1,000 different forms to download. nobody understands. h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >> you heard those most vulnerable. the welfare state is like flypaper. there are shocking f
clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers g lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you takeare of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that...
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clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that had to walk out onto the plank then we all fall into the shark infested waters 87 tax credits. >> sounds great. but from the tax code in 1913 only 14 pages we have warped into the 702000 page monster. more than 1,000 different forms to download. nobody understands. h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >> you heard those most vulnerable. the welfare state is like flypaper. there are shoc
clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for the economy. >> collor you create a housing bubble. those people were the ones...
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the big dividend in the stocks and energy oil and gas has upside potential to go along the five percent dividend yields. >> adam what do you think of that? >> it is extremely expensive and i would be concerned about that price. >> what is concerning you and what are you buying? >> waste management. why are always going to have garbage. it is an inexpensive stock for a well run company. >> not trash at all. waste management is some of theest management of company in america and has for a long time. >> what are you doing these days? >> i do a lot of thingings. i eat a lot. >> i set myself up. >> what i am liking is wre. i inherited from my mother and buy i
the big dividend in the stocks and energy oil and gas has upside potential to go along the five percent dividend yields. >> adam what do you think of that? >> it is extremely expensive and i would be concerned about that price. >> what is concerning you and what are you buying? >> waste management. why are always going to have garbage. it is an inexpensive stock for a well run company. >> not trash at all. waste management is some of theest management of company in...
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11/12
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the department of energy create amazons of the people was a guest driving to the mall? no. did the post office and vince skype so people could get in touch more inexpensively? no, they did not. breakthrough products were invented by private companies. let's stick to cars since that is where we started. 104 years ago the nation's first starring vehicle was also the first produced on an assembly line. henry ford said his car was for the great multitude. sixteen and a half million model t's were eventually sold to a 16 and a half. how much the biggest selling american made vehicle effort. the ford f-series contracts. an amazing 35 million of those of insults as the trucks were first introduced way back in 1948. and it is ranked as the number-one selling vehicle in the u.s. for 24 years. and now you can trick them out just like a sedan. even backseats. none of this requires a tax benefit to boost sales. that is the problem. when governments just tinkering, lending priorities of the private sector, you get the chevy volt, fannie mae, freddie mac, all disasters, all costing the t
the department of energy create amazons of the people was a guest driving to the mall? no. did the post office and vince skype so people could get in touch more inexpensively? no, they did not. breakthrough products were invented by private companies. let's stick to cars since that is where we started. 104 years ago the nation's first starring vehicle was also the first produced on an assembly line. henry ford said his car was for the great multitude. sixteen and a half million model t's were...
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department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want to put this in chicago. this battery facility. staffed by a lot of aaademics. brown emanuel has been at the press conference. democratic senator. why not put it in detroit. when i put it in silicon valley where you had the sharpest guys. stuart: is in it there already? is in it there already? >> boosted by academics from mobile universities. i would say if you want to help out beleaguered detroit are really get it going than you do it also and silicon valley where the smart guys are more just rely on china. stuart: maybe you don't have the government do it at all. maybe. >> th
department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want...
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Nov 30, 2012
11/12
by
FBC
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you see the energy behind the reform proposal that you should be seeing. stuart: they are not prepared to make any kind of cuts that they're prepared to continue to see big cuts in education and health care and quite prepared to go down the road and ask dc for a bailout. that is the situation? >> they are prepared for tax hikes. we passed a major tax hike last year in a lame duck session that hit middle-class families are. we are hearing rumblings they might make the tax hike permanent, once again putting the problem on the shoulder of our working families and small businesses. stuart: extraordinary, hold on. i have gerri willis with me. gerri: one of the potential solutions year you can't have people who are essentials reemployed ease of the public making more than the public. typically one happens public-sector workers make more in salary and benefits than people who hired them. it is unsustainable, don't you think? >> it is. take the example of a teacher who is about to retire after 30 years on the job. you will be earning first-year pension of $67,000
you see the energy behind the reform proposal that you should be seeing. stuart: they are not prepared to make any kind of cuts that they're prepared to continue to see big cuts in education and health care and quite prepared to go down the road and ask dc for a bailout. that is the situation? >> they are prepared for tax hikes. we passed a major tax hike last year in a lame duck session that hit middle-class families are. we are hearing rumblings they might make the tax hike permanent,...
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a lot of people say we have energy boom in the united states. you like the shale gas and liquids, right? >> yes because here's an industry that really has exploded in the last half a dozen years where it didn't previously exist. it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells fargo management. ashley: 8.8 million jobs were lost as a result of financial crisis. 4.2 million have been recovered. that is less than half. unlikely weill get all of them back because companies are used to doing with less. tracy: lean and mean. ashley: more ahead on the economy and oh, yeah, that fiscal cliff. ftn economist lindsey piegza says washington is ignoring a much bigger problem than tax rates on the wealthy. she will explain just ahead. tracy: fox business exclusive for one company that saw its stock double after hurricane sandy. generac's ceo joins us
a lot of people say we have energy boom in the united states. you like the shale gas and liquids, right? >> yes because here's an industry that really has exploded in the last half a dozen years where it didn't previously exist. it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells...
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Nov 29, 2012
11/12
by
FBC
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energy also taking a dip. it has been mostly higher on the session. most of those stocks did turn into the red. definitely quite a reaction in the commodity markets. a lot of them that they back off of the lows of the session. these commodity markets, dagen and connell, very close to the fiscal cliff. connell: seems like every day at this time on the financial markets, any little thing coming out of washington. dagen: thank you, sandra. much more ahead on what speaker boehner just said. connell: cheryl casone and dennis kneale will be taking over on "markets now." ♪ dennis: i am dennis kneale. cheryl: i am cheryl casone would tim geithner on capitol hill trying to sell the president's fiscal cliff plant to republican house speaker john bain and not buying it. he just said white house needs to get serious and the markets are turning lower. also had fiscal cliffs survival kit home additions that you contain right now to prepare. dennis: blamed superstorm sandy. retailers playing the blame game for week november same store sales. analysts already askin
energy also taking a dip. it has been mostly higher on the session. most of those stocks did turn into the red. definitely quite a reaction in the commodity markets. a lot of them that they back off of the lows of the session. these commodity markets, dagen and connell, very close to the fiscal cliff. connell: seems like every day at this time on the financial markets, any little thing coming out of washington. dagen: thank you, sandra. much more ahead on what speaker boehner just said....
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melissa: let's see how the energy market is reacting to this. let's look at gold and silver and copper as we head out to break. crude is trading down. almost a full percentage point. we will be right back. ♪ ♪ lori: most popular segment, at least this hour. what you need to know to make some cash. recent comments that were made on the president's health care plan. charles: this is much broader than darden. social and economic change on businesses. with the white house and the help of the media, it is doing a great job. not just on social issues, even on things like obamacare. darden reported their numbers today. you can see they are bad. even all of garden was down. melissa: a huge hit on the stock. charles: in light of the changes, precautions for sales and earnings for the full year. our outlook also reflects the potential impact, though, difficult to measure, focusing on darden google fulfillment and how we may accommodate healthcare reform. we will have a 5% surcharge because of obamacare or we will build or people from full-time to part
melissa: let's see how the energy market is reacting to this. let's look at gold and silver and copper as we head out to break. crude is trading down. almost a full percentage point. we will be right back. ♪ ♪ lori: most popular segment, at least this hour. what you need to know to make some cash. recent comments that were made on the president's health care plan. charles: this is much broader than darden. social and economic change on businesses. with the white house and the help of the...